About This Property
Sonrise Villas I offers 160 low-income units in Fellsmere, Florida, with a mix of 16 two-bedroom, 88 three-bedroom, and 56 four-bedroom apartments. The property has been in service since 2004 and is supported by 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Indian River County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $991 |
| 1 Bedroom | $1,195 |
| 2 Bedroom | $1,462 |
| 3 Bedroom | $1,844 |
| 4 Bedroom | $2,481 |
Income Limits - Indian River County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fellsmere, FL?+
The Fair Market Rent (FMR) for Indian River County, FL is: $991 (Studio), $1195 (1BR), $1462 (2BR), $1844 (3BR), $2481 (4BR). Actual rent at subsidized properties like Sonrise Villas I is typically 30% of household income or less.
What size apartments are available at Sonrise Villas I?+
Sonrise Villas I offers the following unit types: 16 Two-Bedroom, 88 Three-Bedroom, 56 Four-Bedroom units, for a total of 160 units.
What are the income limits for affordable housing in Indian River County, FL?+
For a 4-person household in Indian River County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Who is eligible to live at Sonrise Villas I?+
Sonrise Villas I primarily serves FARMWORKERS, FISHERMEN. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Sonrise Villas I?+
Sonrise Villas I is managed by . You can reach them at .
What is the price range for apartments in Fellsmere, FL?+
Based on Fair Market Rent for Indian River County, the estimated price range is: 2-bedroom: $1462, 3-bedroom: $1844. Actual rent at Sonrise Villas I may be lower for income-eligible households.
How do I apply for housing at Sonrise Villas I?+
Sonrise Villas I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.